MCQ Class 10 Economics Chapter 4 Globalisation and the Indian EconomyMCQ’s For All Chapters – Economics Class 10th 1. What are SEZs?State Economic ZonesSpecial Economic ZonesSmall Employment ZonesSocial Economic ZonesQuestion 1 of 202. How long do companies in SEZs not have to pay taxes initially?2 years5 years7 years10 yearsQuestion 2 of 203. What is the second largest employer in India after agriculture?IT industryBanking sectorSmall industriesTransport sectorQuestion 3 of 204. What challenge has globalisation posed to small producers in India?Reduced taxesIncreased profitsTough competition leading to closuresExpansion abroadQuestion 4 of 205. Who was Ravi in the chapter’s example?An automobile workerA capacitor manufacturer in Tamil NaduA toy sellerA garment exporterQuestion 5 of 206. When did India remove restrictions on imports of capacitors under WTO agreements?1995200020012005Question 6 of 207. Who was Sushila in the example?A toy makerA garment worker in DelhiA factory ownerAn IT professionalQuestion 7 of 208. What is meant by flexible employment?Permanent jobs with all benefitsJobs with securityTemporary jobs with low wages and no benefitsGovernment jobsQuestion 8 of 209. Which sector has been most affected by globalisation in terms of worker insecurity?AgricultureCottage industryGarment export industryBankingQuestion 9 of 2010. What does fair globalisation mean?Benefits for only rich peopleOpportunities and benefits shared by allBenefits only for MNCsRestricting tradeQuestion 10 of 2011. Which step can governments take to ensure fair globalisation?Support only MNCsRemove all labour lawsProtect the interests of all people through policiesBan foreign tradeQuestion 11 of 2012. What has played a major role in spreading out production of services globally?AgricultureIT (Information Technology)TourismHeavy IndustriesQuestion 12 of 2013. What led to faster delivery of goods across long distances at lower costs?IT onlyUse of ships onlyImprovement in transportation technologyRailways onlyQuestion 13 of 2014. Which method has reduced port handling costs and increased export speed?Ships onlyContainersTrucks onlyRailways onlyQuestion 14 of 2015. What has reduced costs of air transport?Advanced satellitesImproved aircraft technologyContainerisationFlexible labourQuestion 15 of 2016. Which communication method allows instant money transfer between countries?Postal serviceFaxInternet (e-banking)LandlineQuestion 16 of 2017. Which Indian IT company has emerged as a multinational?Tata SteelInfosysBajaj AutoAmulQuestion 17 of 2018. Which Indian company became multinational in medicines?RanbaxyInfosysTata MotorsParleQuestion 18 of 2019. Which organisation puts pressure on developing countries to liberalise trade?WHOWTOUNICEFUNESCOQuestion 19 of 2020. Which group has benefited most from globalisation?Small farmersPeople with education, skill and wealthPoor labourersUnorganised workersQuestion 20 of 20 Loading...
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